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Cryptorank

Category pyusd

Paxos CEO touts blockchain 'transparency success' after 300 trillion PYUSD accident

Paxos CEO touts blockchain 'transparency success' after 300 trillion PYUSD accident

Paxos accidentally minted 300 trillion PayPal USD (PYUSD) tokens before burning them minutes later.
Anchorage Digital brings global USD transfers to the crypto world

Anchorage Digital brings global USD transfers to the crypto world

Crypto bank Anchorage Digital introduces worldwide US Dollar wire transfers.
The day $300 trillion appeared and then vanished on Ethereum

The day $300 trillion appeared and then vanished on Ethereum

For a few surreal moments on Oct. 15, the Ethereum blockchain seemed to host the financial equivalent of a dream. Paxos, the issuer behind PayPal’s...
Paxos accidentally mints $300 trillion in PayPal stablecoin

Paxos accidentally mints $300 trillion in PayPal stablecoin

Paxos mistakenly minted $300 trillion worth of PayPal USD (PYUSD) stablecoins on Ethereum before burning them within minutes.
Paxos Fat-Fingers $300T of PayPal Stablecoin, Outpacing USD's $2.4T Supply

Paxos Fat-Fingers $300T of PayPal Stablecoin, Outpacing USD's $2.4T Supply

The supply deluge was quickly reversed with burn mechanism.